
511- 140 Dunlop Street, Barrie
City Centre · Investor guide
$349,900
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP INCENTIVE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Based on City Centre neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to sought-after Bayshore Landing, where waterfront living meets comfort and convenience. This beautifully updated 2-bedroom, 2-bathroom condominium offers a bright southeast-facing suite with spectacular sunrise views and glimpses of Kempenfelt Bay and Lake Simcoe through its generous windows. The spacious living and dining area features newer laminate flooring and an open-concept layout that creates a bright, inviting atmosphere. The kitchen overlooks the main living space, maximizing both natural light and the water views. Two generously sized bedrooms, ample closet space, and convenient in-suite laundry with a stackable washer and dryer complete the well-designed interior. Bayshore Landing offers an exceptional lifestyle with a wide range of amenities, including an indoor swimming pool, hot tub, sauna, fully equipped fitness centre, meeting and party room, and a convenient underground car wash. This suite also includes one owned underground parking space and one locker. Additional parking is often available for rent through postings in the building's mailroom. Ideally located on Barrie's vibrant waterfront, you'll enjoy easy access to the marina, beaches, scenic walking trails, restaurants, cafés, boutique shopping, and year-round downtown events. Experience the perfect balance of low-maintenance living and an active waterfront lifestyle. Flexible closing is available.
MississaugaInvestor.ca
511- 140 Dunlop Street
Condo Apartment · 2bd/2ba · ~1,100 sqft
$349,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.87%
Monthly Cash Flow
-$1,066/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-16.68%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$1,611 |
| Property Tax | −$245 |
| Insurance | −$225 |
| Condo Fee | −$1,265 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$1,066/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$2,939 |
| Insurance | −$2,700 |
| Condo Fee | −$15,180 |
| Annual NOI | $6,541 |
| Cap Rate | 1.87% |
Cash Required to Close
| Down Payment (20%) | $69,980 |
| Ontario Land Transfer Tax | $3,724 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $76,704 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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